Funding you earn now, next payment 06:00 UTC+0.0424%/8h= +46.4% APRpaid last 24h +0.016%
Price spread now: GRVT against tradeXYZ+0.046%86s7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.046%, 7d avg +0.072%
=Together, before fees−0.080%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.026% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.072%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.133%, so the current rate has only just turned in your favour. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.133% in total (about -6.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DELL | 571.49 | 0.0050 | pay 0.0006% / 1h | 24m 09s | $7.5M | $7.0M | 10x |
| Short | GRVT DELL_USDT_Perp | 571.75 | 0.0474 | get 0.0474% / 8h | 2h 24m | $972 | $151K | 10x |
tradeXYZ xyz:DELL
GRVT DELL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $89.04
- Price spread: +0.046% → +0.072%
- −$2.59
- Slippage, 4 orders
- −$25.8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $33.66
- Costs to cover
- 0.528%
- Break-even
- 4.4 days
Slippage from tradeXYZ: live order book, 4 min ago; GRVT: live order book, 18 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 4 min ago | 0.79 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 18 min ago | 1.75 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
DELL on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDT | 0.0000% | 8h | 571.09 | −0.070% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 572.21 | +0.126% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 572.35 | +0.150% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 571.47 | −0.003% | $33K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | +0.031% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLlong | +0.0050% | 1h | 571.49 | long leg | $7.5M | $7.0M | 10x | |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 571.46 | −0.005% | $7K | $54K | 10x | as long as short |
| Bybit DELLUSDT | +0.0070% | 8h | 571.29 | −0.035% | $6.1M | $4.0M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 571.06 | −0.075% | $936K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 571.88 | +0.068% | $3K | $336 | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Polymarket Perps DELL-USD
Bybit DELLUSDT
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythosShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 572.05 | +0.098% | $17K | $59K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0266% | 8h | 571.85 | +0.063% | $5.8M | $6.7M | 20x | as long as short |
| GRVT DELL_USDT_Perpshort | +0.0474% | 8h | 571.75 | +0.046% | $972 | $151K | 10x | |
| Variational Omni DELL | +0.0481% | 8h | 571.34 | −0.027% | $257K | $64K | — | as long as short |
| Binance DELLUSDT | +0.0572% | 8h | 572.02 | +0.092% | $18.4M | $66.7M | 20x | as long as short |
| Extended DELL-USD | +0.0576% | 1h | 571.75 | +0.045% | $335K | $1.1M | 10x | as long as short |
| BloFin DELL-USDT | +0.0600% | 8h | 571.91 | +0.073% | $322K | $231K | 20x | as long as short |
| edgeX DELLUSDC | +0.0649% | 4h | 570.83 | −0.115% | $5K | $332K | 10x | as long as short |
| Phoenix DELL | +0.0685% | 1h | 571.76 | +0.047% | $3K | $260K | 10x | as long as short |
| Nado DELL-PERP | +0.0714% | 1h | 570.60 | −0.156% | $68K | $20K | 10x | as long as short |
HTX DELL-USDT
OKX DELL-USDT-SWAP
Variational Omni DELL
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
edgeX DELLUSDC
Phoenix DELL
Nado DELL-PERP